The Indian development: A social, political and geopolitical bomb

In view of Narendra Modi’s very probable re-election in 2019, it is time to take stock of the Indian Prime Minister’s first term; a somewhat mixed balance sheet, both economically and politically. The partial failure of the demonetisation scheme, the numerous SME bankruptcies, the prospect of a rural exodus of nearly 600 million people over the next two decades, the formation of oligarchic businesses, the clear authoritarian drift in the way of governing, growing inter-religious violent acts and rising inequalities are all presenting a worrying image of the future for this huge country which dreams of outperforming China in less than twenty years…

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